Bitcoin
BTC$66 446.35

-0.67%

Ethereum
ETH$3 081.35

-1.09%

Tether
USDT$0.999863

-0.04%

Binance Coin
BNB$573.90

-1.01%

Solana
SOL$170.46

-1.55%

USD Coin
USDC$0.999858

-0.01%

Altcoin outpaces Bitcoin in growth


27 Oct 2022

#Dogecoin

Bitcoin has added another 3.3% in the past 24 hours to $20.8K, bringing the gain over the past seven days to 9%. Ethereum is growing at a higher rate, reaching $1570 (+5.8% in 24 hours and 21% in 7 days). Over the last day, major altcoins added between 1.5% (DOT) and 21% (DOGE). According to CoinMarketCap estimates, total cryptocurrency capitalisation surpassed the $1 trillion mark, up 3.3% on the day.

Dogecoin was again buying from Twitter's acquisition by Elon Musk, who had previously said he might add the coin to pay for the social network's services. However, the latest rise looks more like a 'buy rumour' pattern, and it can't be ruled out that the pump will soon turn into a dump.

Bitcoin has added another 3.3% in the past 24 hours to $20.8K

News background

Bloomberg exchange strategist Mike McGlone is confident that the Ethereum network's successful transition to the Proof-of-Stake consensus algorithm has laid the foundation for steady growth in the second-capitalised cryptocurrency. The first US bitcoin futures ETF from ProShares lost a record $1.2bn in investor funds the year after launch. This was the worst debut result in the history of the exchange-traded fund industry. Despite this, several investors retain faith in BTC - the ProShares Bitcoin-ETF has seen net inflows of $87 million in the past six months.

Over the last day, major altcoins added between 1.5% (DOT) and 21% (DOGE)

According to the Wall Street Journal, the capitalisation of Andreessen Horowitz, the largest crypto venture capital fund, fell by 40% in the year's first half. The UK Parliament voted to amend the Financial Services and Markets Bill to mandate the regulation of cryptocurrencies as financial instruments.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 86% 19 $66 446.35 -0.67% 8.04% $1 309 034 236 481 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 83.6% 20 $3 081.35 -1.09% 5.06% $370 144 998 964 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $0.999863 -0.04% 0% $111 419 689 554 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 88.8% 6 $573.90 -1.01% -3.57% $84 699 412 998 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 80% 42 $170.46 -1.55% 17.60% $76 520 577 249 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.2% 1 $0.999858 -0.01% -0.05% $33 493 893 715 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 92.4% 8 $0.510793 -1.97% 1.87% $28 241 201 834 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 69.2% 65 $6.29 -1.89% -10.45% $21 862 347 981 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 84% 30 $0.149859 -2.02% 5.66% $21 633 680 697 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 86.4% 23 $0.467713 -2.70% 6.63% $16 688 068 690 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 75.2% 41 $0.000024 -3.40% 6.38% $14 052 758 735 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 78.4% 38 $35.68 -4.28% 7.25% $13 657 133 319 AVAX 7 days price change
13 TRON (TRX) TRX TRON predictions 88% 21 $0.121204 -1.57% -4.80% $10 598 217 114 TRX 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 89.2% 18 $0.121008 -2.00% -4.76% $10 581 091 898 WTRX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 87.6% 18 $66 368.22 -0.81% 7.92% $10 320 030 161 WBTC 7 days price change

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